After nearly 40 months, the liquidity of India’s banking system has slipped into a deficit, prompting the Reserve Bank of India (RBI) to infuse Rs 21,800 crore ($2.73 billion) into the banking system on Tuesday, the highest amount since May 2019.

Billionaire Gautam Adani, among the world’s three richest people, has reportedly pledged his entire stake in cement makers Ambuja Cements Ltd and ACC Ltd to foreign banks to fund the $6.5 billion purchase of the two companies. The Adani fa

India and the US may be headed for a face-off if the Biden administration gives in to pressure from a bipartisan pair of senators who are pressing it to use secondary sanctions to enforce a cap on the price of Russian oil. According to internation

Nifty started with a gap up opening and rallied with a broader market participation to surpass 17900 mark. However, the index gave up some of the gains in the last hour of the trade and ended above 17800 with gains of over a percent. Nif

Bank Nifty on Tuesday advanced 1.38 and it has closed at a new lifetime high. It opened with a positive gap and sustained above the gap. However, it moved in a range and formed a small body candle. The last three candles look similar quite similar i

In what could be music to the ears of economists, India could keep its market borrowing plan intact for the financial year and may even reduce the target, a Bloomberg report has said. According to the report, the finance ministry is discussi

The US Federal Reserve is set to begin its two day bi-monthly deliberations on a rate hike, and the Indian stock market is watching nervously. While the Nifty and the Sensex have managed to hold on to their elevated levels thus far, the two benchmark

If you had invested Rs 1 lakh in this multibagger Tata Group company it would have doubled in just three months. Part of Tata Group, Tata Investment Corporation Ltd is an NBFC that invests in a diversified portfolio of quoted and unquoted se

People usually opt for bank fixed deposits (FD) for the safety of the principal. However, what if we say these top three money market funds beat bank FD and also carry lower risk? Read on to find out more. Bank Fixed Deposit (FD) is one of the mos

On Tuesday, the domestic markets traded positively led by bank, auto, IT, oil & gas stocks. During the noon session, the Sensex was up 775.61 points or 1.31 at the 59,916.84 level whereas the

On Tuesday, the major equity barometers saw significant advances. Strong Asian cues and consistent foreign investment flow boosted market sentiment. The Nifty reached a closing high of 17,800. Healthcare, pharmaceuticals, and consumer

Benchmark indices in India rise in line with the upward trend in global indices. Due to declines in healthcare and energy stocks, Wall Street indices fluctuated between modest gains and losses but managed to finish slightly higher. The Nasda